5011 Us-1 Highway, Vass, NC 28394 (MLS# 100526537)

5011 Us-1 Highway, Vass, NC 28394

$350,000

The left side tenant is a church and the right side is an upholstery business,

Virtual Tour

https://vimeo.com/1111778089?share=copy#t=0

View of the Billboard $2,000 per year income

Property Type: Comm Sale or Lease Square Footage: 4,332 Lot Size (sq. ft.): 51,836 Status: Closed

Current Price: $350,000 List Date: 8/22/2025 Last Modified: 4/24/2026

Overview

Description

*PRICE REDUCED $25,000* Tremendous traffic count (avg daily count up to 34+K), visibility, and easy access from the direct access crossover. 1.2 acres on US 1 Highway, County zoned B2, a 4,332 SF tenant-occupied building, and a billboard lease. Priced to sell with a 7% cap rate. A church occupies the left side (lease in place signed by an individual & not a 501C3), and the right side is an upholstery business (month to month). Also located in a Highway COD. See MLS docs for details on lease. See MLS docs for this lease that ends in 2026. Well on site, public water available. Roof is less than 1 year old.

Listing Details MLS# 100526537

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2025-08-19
Sub-Type: Improved
Garage: N/A
Sale/Lease: Sale
Listing Price: 375000
List Price/SqFt: 86.57
Stipulation of Sale: Third Party Approval

Location Information

Street #: 5011
Street Name: Us-1
Street Suffix: Highway
County: Moore
State/Province: NC
Zip Code: 28394
City Limits: No
Marketing City: Vass
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: From Southern Pines, North on US-1. Property will be about 5 miles up on the right.
Sign on Property: Yes

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 4332

Legal and Taxes

Tax Assessed Value: 324270
Deed Book: 3542
Deed Page: 21
Legal: SIMPSON LAND
Broker Owner: No
PID: 00034054
Tax Identifier: 00034054
Total Real Estate Property Taxes: 1411
Special Assessments: N/A
Tax Year: 2024
Year Built: 1985
Zoning: B-2
HOA: No
Cobra Zone: No
Plat Book: No
Plat Page: No

More Information

Status Change Info

Under Contract Date: 2025-12-17
Sold Date: 2026-02-11

Financial Info

Gross Income: 34940
Net Operating Income: 28000
Cap Rate %: 7

Building/Ext Features

# of Parking Spaces: 20
# of Units: 2
Lot Acres: 1.19
Lot SqFt: 51836
Lot Dimensions: 1.19 acres
SqFt - Apx Total: 4332
Location Type: Mainland

Business Type

Business Flex: Yes
Mixed: Yes
Commercial: Yes

Current Use

Commercial: Yes

Construction

Block: Yes
Concrete: Yes
Wood Frame: Yes

Exterior Finish

Stucco: Yes

Terms

1031 Exchange: Yes
Cash: Yes

Foundation

Slab: Yes

Flooring

Concrete: Yes
Vinyl: Yes

Fuel Tank

None: Yes

Parking Features

Gravel: Yes
On Site: Yes
Parking Lot: Yes
Unpaved: Yes

Sale/Lease Includes

Buildings: Yes
Land: Yes
See Remarks: Yes

Roof

Shingle: Yes

Road Type/Frontage

2 - 3 Lanes: Yes
4+ Lanes: Yes
Interstate in 5 Miles: Yes
Maintained: Yes
Paved: Yes
Public (City/Cty/St): Yes

Cooling

Central Air: Yes
Heat Pump: Yes
Wall/Window Unit(s): Yes

Location

Gen Bus District: Yes

Heating

Forced Air: Yes
Heat Pump: Yes
Space Heater: Yes

Heating System Fuel Source

Electric: Yes

Water Heater

Electric: Yes

Utilities

Electricity Connected: Yes
Water Available: Yes
See Remarks: Yes

Water Source

Well: Yes

Sewer

Septic Tank: Yes

Lease Types

Gross: Yes

Property Features

Business Type: Business Flex; Mixed; Commercial Construction: Block; Concrete; Wood Frame Exterior Finish: Stucco Flooring: Concrete; Vinyl Foundation: Slab Fuel Tank: None Parking Features: Gravel; On Site; Parking Lot; Unpaved Roof: Shingle Current Use: Commercial Location: Gen Bus District Cooling: Central Air; Heat Pump; Wall/Window Unit(s) Heating: Forced Air; Heat Pump; Space Heater Heating System Fuel Source: Electric Water Heater: Electric Utilities: Electricity Connected; Water Available; See Remarks Sewer: Septic Tank Water Source: Well Terms: 1031 Exchange; Cash Lease Types: Gross

IDX

Listing Office: Keller Williams Pinehurst

Last Updated: April - 24 - 2026

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